The Hammocks, FL 33196
Parcel: 3059060040040 · Vacant Land - Commercial · Extra Fea Other Than Parking · Zoning: 4802
Assessed Value (2025)
$17,889
Sales History
1
$8,000,000
2013-01-16
HEARTWOOD 92 LLC → ALTIS AT KENDALL SQUARE LLC
2
$82,000,000+925%
2016-11-15
ALTIS AT KENDALL SQUARE LLC → 55TH HOLDING TWO LLC
Tax Assessment History
$17,889
Assessed (2025)
$162,435
Market Value
$17,889
Taxable Value
$364
Annual Tax
2024
$16,263
2025
$17,889
$162,435
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $17,889 | $162,435 | $17,889 | $364 | $144,040 | $18,395 |
| 2024 | $16,263 | $16,263 | $16,263 | $331 | $16,263 | $0 |
About The Hammocks, FL 33196
The Hammocks, FL 33196 is a property. The property is currently owned by 55TH HOLDING TWO LLC C/O SMB BRADLEY MANAGEMENT LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2016-11-15 for $82,000,000, when ALTIS AT KENDALL SQUARE LLC sold to 55TH HOLDING TWO LLC. The property has appreciated $74,000,000 (925%) since the prior sale of $8,000,000 on 2013-01-16. The 2025 assessed value is $17,889 with a market value of $162,435.
This breaks down to $144,040 for the land and $18,395 for the building. The assessed value increased 10% from $16,263 in 2024. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.
Flood insurance is typically required. The median household income in this area is $86,795, and the median home value is $453,900. The population density is 3,241 people per square mile.
The complete ownership history of this property spans from 2013 to 2016, with 2 recorded transactions in the public record. The current assessed value represents 0% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
55TH HOLDING TWO LLC C/O SMB BRADLEY MANAGEMENT LLC
111 E WACKER DR STE 900, CHICAGO, IL, 60601
Since: 2026-04-19
View owner profile →
People Behind This Entity
Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$86,795
Median Home Value$453,900
Pop. Density3,241/sq mi
Neighborhood 33196
21.3%
Owner-Occ
78.7%
Investor
51
Flips (4yr)
1,700
New Biz (3yr)
Distress Risk
ELEVATED
41
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